Chicago Entrepreneur w "A" Credit - Startup Business Capital
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 17% | Borrower: | frednoonan |
| Finished | State: | IL | |
| Funded: | 100% | Group: | Future Innovations |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-09-20 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Sep 21, 2007 | Current |
| Oct 24, 2008 | Payoff in progress |
| Oct 30, 2008 | Paid |
|
Hello, and thank you for taking the time to review my loan request. I am the owner of Steve?s Segway Tours, providing tours of downtown Chicago, including the lakefront, museums and several major parks. These fun and informative tours are led by experienced tour guides and are conducted on Segway i2s, with one customer per Segway. Customers are entertained with humorous anecdotes while learning about the history and architecture of Chicago. Before starting Steve?s Segway Tours I was the #1 tour guide for another Segway company in Chicago. I am a graduate of Wesleyan University and over the years have worked as a computer programmer, options trader and writer. My eclectic background combined with winning people skills and enthusiasm will make this venture a raging success. At this point I ask that you visit my website for much more information on my Prosper loan request. Please click on http://stevessegwaytours.com/prosper.aspx - a special page I created on my website specifically for Prosper lenders. It discusses in detail my target markets, marketing strategy, objectives, and keys to success. I also explain why this is a good and safe loan, as well as why I want this loan now even though it is late in the tourist season. I feel it is important for you to read this and I hope you will. While there, please also read my <About Us> page, and my <Why Choose Us> page, which explains in great detail why a customer should choose us instead of our competition. I?m still working on the site, but those pages are complete in terms of content. If I am fortunate to be funded through Prosper, the funds will be used for the purchase of 5 Segway i2s @ $4,800 per unit, plus accessories. I have NO DEBT? My DTI is not available because my income is not easily verifiable. I have currently on hand $15K in cash that is designated to ensure a smooth cash flow for Steve?s Segway Tours and I receive over $1,500/mo from other sources. This winter I will be working F/T as the lead salesman and web content writer for ClickAround, a new and exciting one-stop shopping and reservation site. Monthly Personal Expenses: Housing: $1700 Insurance: $20 Auto: $300 Util.: $150 Food: $400 Credit Card: $0 Misc.: $130 Total = $2700 Monthly Business Expenses: Prosper loan repay: $866 Insurance: $425 Rent & Storage: $400 Util.: $100 Misc.: $209 Total = $2000 To cover business expenses I need to give a mere 40 tours/mo @ $50-$70/per tour. Tours are reserved and paid for in full in advance, making for great cash flow! My job this winter will cover all my personal and business expenses during the off-season. This loan will be repaid in full and on time! I have an excellent ?A? credit score and my financial responsibilities are extremely important to me. Payments will be automatically withdrawn each month and I will not default on this loan. Thanks once again for your faith in my exciting business venture! Note to Lenders - I withdrew this identical listing that had a 15% interest rate for the loan. I replaced it with this 29% (max for Illinois) starting rate in order to hopefully attract attention. Okay, I'm in your hands - let's see what happens. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 191835 | Help fund Steve's Segway Tours - my exciting new business! | A | $25,000 @ 15% | Aug 25, 2007 | Withdrawn |
| 194827 | Chicago Entrepreneur w "A" Credit - Startup Business Capital | A | $25,000 @ 15% | Sep 02, 2007 | Withdrawn |
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